Hixson, TN 37343,508 Ely Road
Hixson, TN 37343,508 Ely Road
Hixson, TN 37343,508 Ely Road
Listed by Grace Frank • Real Estate Partners Chattanooga, LLC
$157,500
Est. payment /mo
$164,950
4.5%
Est.Price: ?

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2,250 SqFt
SOLD DATE : 08/14/2019

Key Details

Sold Price $157,500

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,250 sqft

Price per Sqft $70

Subdivision Coulters Addn

MLS Listing ID 2421048

Sold Date 08/14/19

HOA Y/N No

Year Built 1972

Annual Tax Amount $1,841

Lot Dimensions 78X182 IRR

Property Description

Investors, here's the deal you've been looking for! 506 & 508 Ely Rd can be purchased together for a package price of $329,900, and sit right next to each other in an excellent Hixson location. These all-brick duplexes have been well maintained and require minimal (if any) updates. Each unit features 2 bedrooms, 1.5 bathrooms and 1,125 sqft, an eat-in kitchen, living room, washer/dryer hookups, synthetic hardwood flooring, and off-street parking. Both of the properties have had their roofs replaced in the last 7 years. They are currently 100% occupied with a GMI of $2,955, but have rental upside. Situated in an easily rentable area, these duplexes are just minutes from Hixson shopping and dining as well as NorthShore and downtown Chattanooga. Call today for more information!

Location

State TN

County Hamilton County

Interior

Heating Central, Electric

Cooling Central Air, Electric

Fireplace N

Exterior

Utilities Available Electricity Available, Water Available

Waterfront false

View Y/N false

Roof Type Other

Parking Type Detached

Private Pool false

Building

Story 2

Water Public

Structure Type Other,Brick

New Construction false

Schools

Elementary Schools Alpine Crest Elementary School

Middle Schools Red Bank Middle School

High Schools Red Bank High School

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Michael Sanford

+1(615) 364-7940

Agent | License ID: 334067

Agent License ID: 334067

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